Will veterans benefits help pay for assisted living and nursing home costs?

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Video Transcript

Yes, Veteran’s Benefits can help you pay for assisted living and for nursing home costs. If you’re a private pay resident then you can use those Veteran’s Benefits to pay for the care that you’re receiving. If you go on the medicaid program then your Veteran’s Benefits will be reduced to $90 per month, however you’re allowed to keep that $90 per month in addition to the $105 that you’re allowed to keep under the medicaid ICP program.

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